Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$255,234+4.3% YoY · prices are rising fast
Market right nowBalanced marketMore homes for sale than last year, 22% have cut their price
Income needed to buy, per year$55,329About 0.9× the local median income ($61,598): affordable for a typical household
Days on market48 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.7%Zillow expects prices to rise slightly
The typical home in Muskegon County, MI is worth $255,234, up 4.3% from a year ago. That is well above what local incomes have historically supported: fair value is about $184,787, so the area is 38.1% overvalued. It is a balanced market: homes take about 48 days to sell, listings are up 14% from a year ago, 22% of listings have had a price cut. Zillow expects prices to rise about 2.7% over the next year. A household needs about $55,329 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $61,598. Typical rent is $1,288 a month, or $1,510 for a house. In the latest IRS figures, 944 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$255,234
Change in 1 year
+4.3%
Overvalued %
+38.1%
Show 7 more
Fair home value
$184,787
Change in 5 years
+28.3%
Zillow forecast, next 12 months
+2.7%
Home value to income
4.1×
Monthly mortgage payment (20% down)
$1,383
Income needed to afford it
$55,329
Property tax rate
1.18%
Rent and investing
Typical rent
$1,288
Typical rent for houses
$1,510
Price-to-rent ratio
16.5×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,285
Gross rental yield
6.06%
Cap rate (estimate)
3.94%
Market activity
Listings vs a year ago
+13.6%
Days on market
48
Listings with a price cut
21.7%
Show 3 more
Homes for sale
510
Pending sales per 100 listings
48
Asking price per sq ft
$188
People and jobs
Median household income
$61,598
Population change (1 year)
+0.4%
Unemployment rate
6.4%
Show 4 more
Population
177,901
Income adjusted for cost of living
$66,592
Net moves in (IRS)
+944
Cost of living (US = 100)
92.5
Schools, risk and environment
School rating (1 to 10)
4.5
FEMA hazard risk score (0 to 100)
70.1
Unhealthy air days a year
3
Show 4 more
Flood risk score
77.7
Wildfire risk score
30.5
Walkability (1 to 20)
6.5
Road, rail and air noise
54 dB
Questions people ask
Is Muskegon County, MI overvalued?
Home prices in Muskegon County, MI are well above what local incomes have historically supported: fair value is about $184,787, so the area is 38.1% overvalued.
Is Muskegon County, MI a buyer's or seller's market?
Muskegon County, MI is a balanced market: homes take about 48 days to sell, listings are up 14% from a year ago, 22% of listings have had a price cut.
Are home prices going down in Muskegon County, MI?
Home values in Muskegon County, MI are up 4.3% over the last year. Zillow's forecast for the next 12 months is +2.7%.
How much do you need to earn to buy a home in Muskegon County, MI?
A household needs about $55,329 a year to afford the typical home in Muskegon County, MI at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $61,598.